Chocolates

Food Business Units

Grupo Nutresa is an integrated and diversified group of food companies that operates mainly in Colombia and Latin America through eight business units: Cold Cuts, Cookies, Chocolates, Coffee, Tresmontes Lucchetti (TMLUC), Retail Food, Ice Cream, Pasta and others.

The Chocolates Business produces and sells chocolate confectionary, chocolate drinks, milk modifiers, cereal bars and nuts.

It is the leader in Colombia in the category of chocolate confectionary, hot chocolate, milk modifiers and nuts. It holds significant market shares in Costa Rica and Peru in the segments of milk modifiers and chocolate confectionary.

Direct presence in eleven countries.

Production Facilities

Colombia

2 facilities

Mexico

1 facility

Costa Rica

1 facility

Peru

1 facility

Financial Results ​

(Consolidated figures, millions of COP)

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Year 2016 2017 2018 2019 2020 2021
Total sales (COP billion) 1,421 1,464 1,553 1,677 1,737 1,965
EBITDA (COP billion) 147 206 250 232 232 263
EBITDA margin 10.3% 14.1% 16.1% 13.8% 13.4% 13.4%
Sales in Colombia 891 919 955 1,011 1,048 1,156
International sales (USD million) 174 184 201 202 187 215
Year 2016 2017 2018 2019 2020 2021
Total sales (COP billion) 1,421 1,464 1,553 1,677 1,737 1,965
EBITDA (COP billion) 147 206 250 232 232 263
EBITDA margin 10.3% 14.1% 16.1% 13.8% 13.4% 13.4%
Sales in Colombia 891 919 955 1,011 1,048 1,156
International sales (USD million) 174 184 201 202 187 215
* Compound Annual Growth Rate

2021 business highlights

15.4%

The Chocolates Business represents 15.4% of Grupo Nutresa’s total sales

17.1%

The Chocolates Business represents 17.1% of Grupo Nutresa’s total EBITDA

58.9%

Sales in Colombia represents 58.9% of all the Business Unit’s sales.

41.1%

International sales represent 41.1% of all the Business Unit’s sales.

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